150 Hayes Dr · Jackson, MS 39209

$74,900

3 bd · 1.5 ba · 1,040 sqft · SingleFamily public records · 34 Days on market

Built 1972 10,018 sqft lot $72/sqft · 41% above area Est $60k · 24% over

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +10.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• ARV discount +0.0/15.0

Listing remarks

Welcome to 150 Hayes Drive in Jackson, MS — a charming property offering comfort, convenience, and great potential. This home features a spacious layout with inviting living areas, generously sized bedrooms, and plenty of natural light throughout. The kitchen provides ample cabinet and counter space, making it ideal for everyday living and entertaining. Outside, enjoy a large yard perfect for gatherings, gardening, or relaxing evenings. Conveniently located near schools, shopping, dining, and major roadways, this property is a wonderful opportunity for homeowners or investors alike. Don't miss your chance to make this Jackson gem your own!

Key facts

• Large yard
• Natural light
• Ample cabinet space

Tags

• LARGE YARD
• AMPLE CABINET SPACE
• NATURAL LIGHT
• CONVENIENTLY LOCATED

Property features AI

Exterior

• Parking: Attached garage; Carport (1 space)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Cable available; Natural gas available
• Home design: Single-family house; One story; Residential estate zoning
• Construction: Brick and Masonite exterior; Slab foundation; Asphalt shingle roof; Built according to assessor records
• Exterior features: Slab patio/porch; Back yard chain-link fence

Interior

• Kitchen: Natural gas available in kitchen
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Aluminum frame windows; Smoke detectors

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $524 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 14.7% vs local median 9.9% in Jackson — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#66 in MS) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, employment F, health & safety F.
• Jackson Public School District (urban): math 9% / reading 18% proficiency, ranked #112 of 130 in MS (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 88% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Raines Elementary School (math 2% / reading 12%, grade F, #337 of 375 statewide, top 94%, 224 students, 100% FRL); Provine High School (math 4% / reading 15%, grade F, #179 of 197 statewide, top 92%, 774 students, 100% FRL).
• Market conditions: 165 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 167 units permitted in Hinds County in 2024 (0 in 5+ unit buildings).
• This rent runs 43% of the median local income ($36k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $8k of equity ($518 loan paydown + $7k appreciation (10.0% local appreciation)).
• Hinds County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $72,653 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.76% ✓
• Cap rate: 14.69%
• Cash-on-cash: 29.99%
• DSCR: 2.33
• GRM: 4.7

CMA / ARV

• ARV (median comp): $60,301
• List price: $74,900
• Delta: 24.21%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
663 Queen Julianna Ln	0.32mi	3/1.5	1,042 (+0%)	2mo	$42,000	$40	83
331 Queen Margaret Ln	0.23mi	3/1.5	1,027 (-1%)	7mo	$59,900	$58	82
356 Queen Isabella Ln	0.16mi	3/1.5	996 (-4%)	6mo	$60,000	$60	80
346 Queen Theresa Ln	0.29mi	3/1.0	1,056 (+2%)	4mo	$64,600	$61	79
5770 Queen Mary Ln	0.05mi	3/1.5	1,184 (+14%)	1mo	$74,900	$63	74
667 Queen Cir	0.36mi	3/1.5	1,170 (+12%)	1mo	$124,900	$107	62
5226 Andover Dr	0.59mi	3/1.0	1,040 (0%)	13mo	$35,000	$34	60
5665 Queen Mary Ln	0.08mi	3/2.0	1,192 (+15%)	15mo	$67,000	$56	58
5201 Andover Dr	0.64mi	3/1.0	1,082 (+4%)	6mo	$100,000	$92	57
336 Melba Hill Dr	0.29mi	3/2.5	1,185 (+14%)	16mo	$58,000	$49	46
5746 Magnolia Dr	0.48mi	3/2.0	1,161 (+12%)	14mo	$105,000	$90	45
5100 Ginger Dr	0.61mi	3/1.0	1,190 (+14%)	16mo	$30,000	$25	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 47.1%
• Equity multiple: 4.54×
• Total profit: $74,197
• Equity at exit: $67,476

10-year hold

• IRR: 40.9%
• Equity multiple: 10.17×
• Total profit: $192,280
• Equity at exit: $145,514

Cash invested: $20,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Mississippi: 90 Strongly Landlord-Friendly · R+11
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; very landlord-favorable; no rent control.

Methodology + full state rankings →

ZIP-level market 39209

• Home prices YoY: 7.7%
• Active inventory: 165
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $1,316 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$91 /mo · $1,096/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $524

Break-even live

Break-even rent $652

Max offer price $74,900

Occupancy floor 55%

Sensitivity live

Price	-10% $567	-5% $545	+0% $524	+5% $503	+10% $482
Rent	-10% $420	-5% $472	+0% $524	+5% $576	+10% $628
Rate	-1.0pp $562	-0.5pp $543	base $524	+0.5pp $505	+1.0pp $485

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $18,725
• Closing costs: $2,247
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5629 Queen Mary Ln Jackson, MS	3.0	2.0	1272	$1,395	$1.10	14d	1	0.09mi
5301 Queen Mary Ln Jackson, MS	4.0	2.0	1100	$1,338	$1.22	14d	1	0.47mi

Listing history 23 events

1. 2026-06-18
   days on market $74,900 Active 34 DOM
2. 2026-06-17
   days on market $74,900 Active 33 DOM
3. 2026-06-16
   days on market $74,900 Active 32 DOM
4. 2026-06-15
   days on market $74,900 Active 31 DOM
5. 2026-06-14
   days on market $74,900 Active 29 DOM
6. 2026-06-13
   days on market $74,900 Active 28 DOM
7. 2026-06-10
   days on market $74,900 Active 26 DOM
8. 2026-06-09
   days on market $74,900 Active 25 DOM
9. 2026-06-08
   days on market $74,900 Active 24 DOM
10. 2026-06-07
    days on market $74,900 Active 23 DOM
11. 2026-06-05
    days on market $74,900 Active 20 DOM
12. 2026-06-03
    days on market $74,900 Active 19 DOM
13. 2026-06-02
    days on market $74,900 Active 18 DOM
14. 2026-06-01
    days on market $74,900 Active 17 DOM
15. 2026-05-31
    days on market $74,900 Active 16 DOM
16. 2026-05-30
    days on market $74,900 Active 15 DOM
17. 2026-05-15
    listed $74,900 Active 653-char remark
18. 2021-10-08
    historical
19. 2019-01-28
    soldstatus
20. 2009-11-11
    listed $50,000
21. 2008-10-24
    historical
22. 2008-01-07
    listed $48,500
23. 1981-10-17
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MS · Resets to sale price

• Current annual tax: $1,096 · $91/mo
• Projected year-2 tax: $1,096 · $91/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,790
• − Mortgage interest: −$4,196
• − Property taxes: −$1,096
• − Insurance: −$374
• − Repairs & maintenance: −$1,263
• − Management: −$1,263
• − Depreciation: −$2,179
• Taxable income: $5,419
• Est. tax owed @ 24.0%: −$1,300
• After-tax cash flow: $4,990/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Jackson Public School District
• NCES district ID: 2802190
• Math proficiency: 9% ▼ -14.00%
• Reading proficiency: 18% ▼ -7.00%
• Median HH income: $33,234
• Composite: 10.89/100
• National rank: #9755
• State rank: #112 of 130 in MS

Livability — Jackson

• Score: 68/100
• State rank: #66
• US rank: #9695

Category grades

Amenities F Commute A+ Cost of living A+ Crime C Employment F Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jackson, MS
• County: Hinds County · 167,040 people
• City population: 140,204
• Metro: Jackson, MS
• Population (ZIP): 25,776
• Household income: $36,344
• Rent vs Own: 52.3% rent · 47.7% own
• Severe rent burden: 1627.0

Population outlook (Hinds County) Hauer SSP2

• Today (2025): 242,528 people
• By 2030: 241,113 · -0.6%
• By 2040: 235,557 · -2.9%
• By 2050: 226,946 · -6.4%
• By 2075: 199,995 · -17.5%
• By 2100: 164,165 · -32.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (90%)
• Race & ethnicity: Black 90% White 7% Two or more races 2% Hispanic / Latino 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Hinds

• 2024 margin: Solid D (+46.1) · D 72.4% · R 26.3% · Other 1.4%
• 2008→2024 swing: +7.1pp toward D · 2008: 39.0pp · 2024: 46.1pp
• All cycles: 2024: D+46.1 2020: D+48.3 2016: D+43.7 2012: D+45.1 2008: D+39.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 22.28%
• Current HPI: 312.6754
• Rent YoY: —
• Metro: Jackson, MS
• State GDP YoY: —
• F500 in state: 0

Price history

+54.4% since first listed

7 events — show timeline

• 2026-05-15 Listed $74,900 MLSU
• 2021-10-08 Listing Removed — MLSU
• 2019-01-28 Sold (Public Records) — Public Records
• 2009-11-11 Listed $50,000 MLSU
• 2008-10-24 Listing Removed — MLSU
• 2008-01-07 Listed $48,500 MLSU
• 1981-10-17 Sold (Public Records) — Public Records

Property tax history

+1.3%/yr

Latest (2025): $1,096 · +3.5% YoY. Source: county tax records.